COMMON This wave is a bit violent, and I just observed a data:
In the past hour, the price soared by 95.3%, and the open interest of a leading exchange rose by 54.9% at the same time. Now the OI has piled up to $8 million, and the OI/market capitalization ratio has rushed to 52.4% - this ratio is already quite high.
The 24-hour dimension is even more exaggerated, with a direct increase of +123.6%.
At present, the market capitalization of COMMON is about $13 million, which is a small-cap currency, and the volatility can be imagined.
This situation of simultaneous surge in open interest and price is either a concentrated entry of funds or a long-short game to a critical node. In the short term, this OI/market capitalization ratio needs to be paid attention to, and if the value is too high, it is easy to have a sharp correction.
Friends who make contracts remember to control the position, small coins fluctuate greatly, don't get on top.
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MrRightClick
· 11h ago
OI ratio of 52.4... This buddy is afraid that the list will be liquidated
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Small currency is so happy, sooner or later you have to eat noodles
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Wait, 8 million US dollars of OI piled up on the market value of 13 million, isn't this pure death?
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Haha It's another long-short meat grinder, and the gamblers are starting to line up
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If this wave is pulled back, the contract boy will have to clear the position directly, and the small coin really can't be touched
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Funds are entering the market so fiercely... I bet five dollars and smash it in the next hour
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OI is so high and you dare to increase leverage, I really admire your courage
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COMMON has started cutting leeks again, the old routine
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52.4%... How far is it from liquidation, don't you have any points in your hearts?
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Don't touch this kind of market, unless you want to experience an instant clearing
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faded_wojak.eth
· 11h ago
The OI/market capitalization ratio is 52.4%, how crazy this is
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GasFeeCrybaby
· 11h ago
The OI ratio is a bit scary, I feel like I'm going to burst the needle
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TokenomicsDetective
· 11h ago
Damn, this OI ratio is a bit outrageous, be careful of the feast of cutting meat
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StablecoinSkeptic
· 11h ago
Another small coin is about to take off, right, how many people are waiting to take over the OI pull so high?
COMMON This wave is a bit violent, and I just observed a data:
In the past hour, the price soared by 95.3%, and the open interest of a leading exchange rose by 54.9% at the same time. Now the OI has piled up to $8 million, and the OI/market capitalization ratio has rushed to 52.4% - this ratio is already quite high.
The 24-hour dimension is even more exaggerated, with a direct increase of +123.6%.
At present, the market capitalization of COMMON is about $13 million, which is a small-cap currency, and the volatility can be imagined.
This situation of simultaneous surge in open interest and price is either a concentrated entry of funds or a long-short game to a critical node. In the short term, this OI/market capitalization ratio needs to be paid attention to, and if the value is too high, it is easy to have a sharp correction.
Friends who make contracts remember to control the position, small coins fluctuate greatly, don't get on top.